The dollar has depreciated if it buys less of a foreign currency

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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The increase in unemployment associated with a recession is called:

a. frictional unemployment. b. discouraged unemployment. c. cyclical unemployment. d. structural unemployment.

Economics

The following figure shows the free-trade production and consumption in Country Y. AB is the production-possibility curve of Country Y. I1 is the community indifference curve of Country Y. Country Y exports

A. seventy pounds of cheese. B. fifty gallons of wine. C. fifty pounds of cheese. D. ninety gallons of wine.

Economics